Ricardo Arriaga

Super Mario

Super Mario

Will Super Mario Save the euro?… (cartoon)

 Peter Tchir

All Hands on Deck or Abandon Ship for the EU

All Hands on Deck or Abandon Ship for the EU

It’s time For Europe to stop screwing around.

 Yanis Varoufakis

Solidarity Euro-Style

Solidarity Euro-Style

I would like to call upon northern European governments to cease and desist from more ‘solidarity’ offerings to our fiscally-stricken, fast impoverishing nations.

 Peter Tchir

Why shorting Spanish and Italian Bonds is the Right Trade

Why shorting Spanish and Italian Bonds is the Right Trade

I continue to believe that longer dated Spanish and Italian bonds are poised for a significant sell-off.

 Deutsche Bank Research

EU bank funding eases but risks remain

EU bank funding eases but risks remain

The ECB’s two LTROs had vastly lifted market sentiment and made refinancing at reasonable rates possible again for EU banks.

 Thomas Mayer

Why the Buba wants to exit

Why the Buba wants to exit

The ECB’s non-standard monetary policy measures were taken to deal with problems in the financial sector and not to extend monetary policy easing beyond interest rate cuts.

 Deutsche Bank Research

ECB – Playing Mr. Cool

ECB – Playing Mr. Cool

Mr. Draghi displayed great finesse in pooh-poohing the apparent rift with the Bundesbank regarding the volume of the LTROs.

 Deutsche Bank Research

Swiss FX Policy, ETF Regulation & The ECB Can’t Please Everybody

Swiss FX Policy, ETF Regulation & The ECB Can’t Please Everybody

Deutsche Bank Research commentary on Swiss FX policy, ETF regulation and the ECB.

 Peter Tchir

Would a Ponzi by any other name smell as bad?

Would a Ponzi by any other name smell as bad?

Asides from giving Ponzi a bad name (at least until the ECB just admits that they are printing faster than even Big Ben) this is tying the banks and the countries ever closer.

 Peter Tchir

Print, Rally, Then What?

Print, Rally, Then What?

As the ECB prints and the Euro declines and inflation rises, then what?

 Yanis Varoufakis

A Simple And Boring Common Bond

A Simple And Boring Common Bond

Europe has no time left in its hourglass. It must act now. What it needs to do is to empower the ECB to issue its own (euro)bonds.

 Thomas Mayer

EMU’s Stress Test

EMU’s Stress Test

Perhaps the prospect of currency competition would result in more cautious monetary policy by the ECB.